FRIDAY, 12.30AM: THE Federation of Unions of South African (Fedusa) on Thursday called for a commission of inquiry into Public Enterprises Minister Stella Sigcau’s choice of Kopano Ke Matla — the investment arm of the Congress of South African Trade Unions — as preferred bidder for tourism parastatal Aventura, accusing her of “giving the silverware […]
TUESDAY, 12.30PM: SOUTH African Jaco Olver advanced to the second round of the British Amateur championship at Muirfield on Wednesday, beating Scottish golfer Wilson Bryson in a thrilling come-from-behind victory. The big-hitting Wanderers amateur was three down with five to play, but ended up taking four holes without loss to go to the 18th one-up. […]
FRIDAY, 7.00PM: THE key indices on the Johannesburg Stock Exchange drifted lower throughout the day on Friday, bringing an explosive week to a slow close. Despite the directionless market, the day recorded the highest volume of stock traded this year at R2,432-billion, with a number of asset swaps, late trades and block trades pushing the […]
FRIDAY, 6.30PM: ENGLAND are still in a strong position after tea on the second day of the first Test against South Africa being played at Edgbaston on Friday. After a sterling innings on the first day on Thursday, England lost a couple of early wickets, and went to lunch on 321/4. The batsmen back in […]
FRIDAY, 4.30PM: THE Zimbabwe government moved rapidly to diffuse a potential political bomb on Friday, by attempting to block a planned 18% hike in the price of mealiemeal, the nation’s staple, announced by the Millers Association on Thursday. Behind the wrangling over the price rise, however, are fears of a repeat of nationwide rioting in […]
THURSDAY, 12.15PM: A DRAFT white paper on energy policy released on Wednesday may see the complete deregulation of the liquid fuels industry in South Africa, which will involve phasing out the rigid control over the price of fuel, allowing prices to be determined by market conditions. Business Day reports that the paper, announced by Minerals […]
THURSDAY, 11.30AM: DESPITE a slight increase in new vehicle sales from April, May sales fell sharply compared to the corresponding period in 1997, reflecting the overall sluggishness in the economy and uncertainty in international markets. The National Association of Automobile Manufacturers of South Africa now expects that an anticipated recovery in the vehicle sales market […]
Alex Sudheim The 1999 Durban Designer Collection was a bold attempt to knock fashion from its elitist perch and teach it how to live by its wits on ground level. One of South Africa’s most prominent style events celebrated its 20th birthday this year by throwing the silky plumed bird of fashion out of the […]
Belinda Beresford and Mungo Soggot The flurry of litigation surrounding Magnus Heystek’s controversial handling of a family trust has intensified with a summons issued by the guardian of the trust’s beneficiaries against Heystek and his fellow trustees. Clive Berman, the guardian of the two children who are beneficiaries to the multimillion rand trust, is asking […]
Gavin Dudley With the recent media emphasis on global telecommunications, meaning that more people around the world are in touch more of the time, we could reasonably expect our cellphones to continue working wherever we are in the world. Sadly this is still not the case, though this is not a limitation of telecommunications technology, […]